Portugal Telecom

Oi and Portugal Telecom to merge to create Brazil-based mega-telco

Portugal Telecom and Brazilian telecom operator Oi have signed a Memorandum of Understanding to merge their companies in a move that would see the creation of a combined entity headquartered in Rio de Janeiro.  The merger follows the creation of a strategic alliance led by former Portugal Telecom and Oi CEO Zeinal Bava in 2010. […]

Portugal Telecom field-tests Sigma Design chips

Teleco Portugal Telecom has completed a successful filed trial using Sigma Designs’ G.hn for HD video streaming technology. The 60-day trial saw Portugal Telecom run their triple-play service (MEO) to customers’ homes over Sigma Designs’ G.hn powerline network. The trial included distribution of multiple live and recorded HD streams, as well as data over the […]

TV boost for Portugal Telecom

Portugal Telecom’s fixed-line operations received a boost from TV in the second quarter, with pay TV customers up 22,000 during the quarter or 9.8% year-on-year to 1.27 million, despite the country’s economic difficulties and tough competition in the market.  The operator’s triple-play base grew by 31,000 during the quarter or 16.7% year-on-year to reach 894,000. […]

PT ships half a million Motorola boxes

Portugal Telecom has shipped its 500,000th Motorola IPTV set-top box. The telco operates IPTV services under the Meo brand and has around 1.2 million subscribers. Motorola Mobility has supplied set-top boxes to Portugal Telecom since the launch of its TV platform, initially providing VIP1200E and VIP1216E boxes. Since then, Motorola has added the VIP1232 set-top, […]

Meo launches A Bola channel

Portugal Telecom has added sports channel A Bola to its Meo TV platform. Operated by the sports daily of the same name, A Bola will offer a strong emphasis on football coverage. Portugal Telecom said the launch of A Bola was in keeping with its strategy to offer a strong sports line-up. The channel will […]

PT increases TV and triple-play customer base

Portugal Telecom has defied the country’s tough economic situation to increase pay TV and triple-play subscribers during the second quarter. The telco boosted its pay TV customer base by 25.8% year-on-year to end June with 1.157 million Meo subs. The addition of 41,000 pay TV subs is in line with the 40,000 it added during […]

Portugal Telecom launches TV Everywhere with 60 channels

Portugal Telecom has launched a new mobile TV service that delivers 60 live TV channels and on-demand content to smartphones and tablet devices. The Meo Go service is available to PT subscribers on Android, Apple iOS and Windows-based smartphones and tablets. International channels including AXN, FOX, MTV, Disney Channel and National Geographic Channel are available, […]

Portugal Telecom and Impresa develop interactive channel

Portugal Telecom and media company Impresa are jointly launching a new interactive news channel that will be available to PT’s Meo pay TV customers. The service, called SIC Notícias Interativa, will launch by the end of the year and will be accessible via the red button. It will offer exclusive content covering entertainment, sport and […]

Analysts welcome Portugal Telecom dividend cut and refinancing

Moody’s has welcomed Portugal Telecom’s decision to cut its dividend to shareholders by half and an extension of its refinancing agreement. The ratings agency said that both moves by the telco, which operates the Meo IPTV service, alleviate financial risk and support its effort to reduce debt. “Moody’s notes that the dividend cut and refinancing […]

Portugal Telecom reports strongest pay TV growth for two years

Portugal Telecom ended March with 1.111 million pay TV customers following its strongest quarter for over two years. The telco attracted 69,000 new Meo pay TV subs in the first quarter, and a total of 235,000 in the 12-month period. PT also saw strong growth in its broadband business, with numbers up 12% year-on-year to […]